Archive News

27/11/2018

CarDekho acqui-hires Carbiqi

Online automobile classifieds major CarDekho has acqui-hired used cars platform Carbiqi.
27/11/2018

IDFC Parampara leads funding for Magiclane

Bangalore-based Magiclane App Services Pvt Ltd, which operates conversational AI platform Verloop, has raised USD 3 million in a Series A round led by IDFC Parampara Fund.
27/11/2018

Logistics startup BlackBuck eyes unicorn tag; looks to raise up to USD 250 million

Logistics startup BlackBuck is in funding talks to raise USD 150-250 million, as it seeks to capture the massive trucking market and take on bigger rival Rivigo.
26/11/2018

Online tutoring platform Vedantu raises USD 11 million led by Omidyar Network

Vedantu, an online tutoring platform raised USD 11 million in a Series B funding round led by Omidyar Network for technology expansion and deeper penetration in tier 2 and 3 cities.
26/11/2018

Bertelsmann invests more in Roposo at lower valuation

Roposo, a social platform for sharing photos and videos raised INR 12 crore in a fresh round of funding from Bertelsmann India Investment
26/11/2018

Naukri parent puts more money in B2B footwear marketplace ShoeKonnect

Info Edge (India) Ltd, the parent of job portal Naukri,com and real estate website 99acres,com, invested INR 3 crore (USD 422,000) more in online business-to-business footwear marketplace ShoeKonnect
26/11/2018

IvyCap Ventures invests in P2P lending startup Lendbox

Lendbox, a peer-to-peer lending and credit marketplace raised an undisclosed amount in a pre-Series A round of funding from venture capital firm IvyCap Ventures Advisors Pvt Ltd
26/11/2018

UK-based angel investors back wealth management app CashRich

Wealth management app CashRich, owned by Thane-based CR Fintech Pvt Ltd, has raised angel funding worth USD 1 million (INR 7 crore) from three undisclosed UK-based individuals.
23/11/2018

MagicPin parent raises USD 20 million in round led by Lightspeed US

Samast Technologies, the owner and operator of discovery and rewards platform MagicPin, has raised about USD 20 million from investors led by Lightspeed Venture Partners US.
23/11/2018

Payments firm InstaReM marks first close of Series C round at over USD 20 million

Singapore-headquartered digital cross-border payments firm InstaReM Pte Ltd has marked the first close of its Series C funding round at over USD 20 million led by new investor MDI Ventures and Beacon Venture Capital.
22/11/2018

Everstone-backed Crystal Crop may buy 3 brands from Syngenta India

Crystal Crop Protection Ltd, a specialty chemicals company, is acquiring three brands of Syngenta India Ltd as the company continues its focus on inorganic opportunities to pursue growth.
22/11/2018

ZoloStays in talks to raise USD 30 million

Bengaluru-based co-living and home rental startup ZoloStays Property Solutions is in talks with South Korean financial services firm Mirae Global Asset Management to raise a USD 30-million round of funding.
22/11/2018

Arali Ventures marks first close of debut seed fund

Arali Ventures has marked the first close of its debut seed fund which seeks to invest in enterprise-tech startups in India.
21/11/2018

SoftBank set to dispatch USD 450 million to Delhivery

SoftBank Group Corp, the world’s largest technology investor, is in the final stages of sealing a USD 450 million investment in Delhivery.
21/11/2018

Korean, Japanese investors to back mobile gaming startup Mech Mocha

Bengaluru-based mobile gaming startup Mech Mocha Game Studios Pvt Ltd is raising up to USD 10 million (INR 71 crore) as part of its ongoing Series B funding round
21/11/2018

Impact investor BlueOrchard offers more debt funding to microlender Aye Finance

Non-banking financial company Aye Finance has raised INR 72 crore (USD 10 million) in debt funding from Switzerland-based impact investor BlueOrchard Finance
21/11/2018

SAIF Partners leads Series A investment in industrial IoT firm DeTect

DeTect Technologies, an industrial Internet of Things (IIoT) startup, has raised close to USD 3 million (around INR 23 crore ) in a Series A round of funding led by multi-stage investment firm SAIF Partners
20/11/2018

Akshaypat Singhania is looking to invest INR 100 cr in startups

Akshaypat Singhania chairman and managing director at JK International is stepping into the startup space, allocating INR 100 crore towards backing early-stage ventures.
20/11/2018

Signzy lands INR 24 crore from Stellaris, others

Signzy, which provides digital onboarding solution for financial institutions, has secured INR 24 crore from a clutch of investors led by Stellaris Venture Partners and Kalaari Capital.
20/11/2018

MergerWare gets pre-Series A funding

MergerWare, which provides software solutions to aid integration related to mergers and acquisitions (M&A), has raised an undisclosed amount in pre-Series A funding from Mori Beheshti, global vice-president of M&A at electric equipment maker Schneider Electric.
20/11/2018

Angel investors back Genius Corner

Edtech startup Genius Corner has raised INR 2 crore in an angel round of funding from a clutch of angel investors including Ranbir Singh, Mahesh Mohta, Lakshmikantan Sundereswaran, Dipak Varshney, and Puneet Garg.
20/11/2018

Cure.fit acquires health company Seraniti

Healthcare startup Cure fit is boosting its mental wellness business Mind fit with the takeover of Bengaluru-based mental health platform Seraniti.
20/11/2018

Anicut Capital invests in smartphone recommerce startup Yaantra

Delhi-based smartphone refurbishing and resale platform Yaantra has raised around USD 2 million in venture debt from alternative investment firm Anicut Capital
20/11/2018

Angel investor backs social platform for artists SkillBox

Gurugram-based social network and discovery platform for artists, SkillBox, has raised undisclosed seed funding from US-based angel investor Sandip Ranjhan.
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